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ONGC on the verge of breaking out from a multi year resistance

Long
NSE:ONGC   OIL & NATURAL GAS
Date 25th June 2021
CMP 221

ONGC has just breached the multi year resistance.

This is supported by the high crude oil prices in the international market.

Q4 results of 2020-21 was announced yesterday and the numbers are encouraging.

Buy on dips till 116

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